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Search Results 0 to 49 of about 1,000 (some duplicates have been removed)
CSPAN
Jan 12, 2013 10:00am EST
quote book focuses on emerging markets and it explores what makes economies operate out or break down. tamara's -- tomorrow's "washington journal" starts at 7:00 a.m. we will see you then. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013]
FOX Business
Jan 13, 2013 8:00am EST
in the economy. so are they right? does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. the person in tt little clip summed it up perfectly. it makes a little bit of a difference and a little bit of a difference times a few hundred million people makes a big difference. it's already been studied by economists, they predict 4 to 500,000 jobs lost, 1/2% lopped off the the gdp. if you look around the studio there, everyone that gets a paycheck, like they said in that little clip, sees less he money. that's less money they were going to spend on groceries, at the drug store, the gas station and that money gets sucked out of the economy, so do jobs. >> brenda: well, now, this does hit lower and middle class americans harder beca
FOX News
Jan 5, 2013 8:00pm PST
the spinach reference. how much damage is there to the economy from in bill? >> well, i prefer the least rotten apple than spinach. i think that the two big problems here, people who believe that the rich should pay more do not understand the effects of marginal rates. when you raise marginal rates-- >> the next dollar of income that you earn. >> right, it lowers the incentive of the people that you want it take risk and to innovate and to create. that's one problem. so it will affect the growth of the economy. the other problem is, it does affect tax revenues. the guys with the green eye shades say well if we raise the taxes this much, we'll get this much more revenue. if you lower the incentive of people to take risk, generally what happens, revenue does not come in. >> paul: you don't get as much as you think you'll do. >> exactly. >> here, mary, look, the economy seemed, the stock market loved it, the hs blew out the next day and up based on the prospect that something would get done. housing markets recovering. i mean, the economy, the job market not great still, 155,000 new jobs, b
FOX News
Jan 6, 2013 12:00pm PST
is there to the economy from this bill? >> i prefer the least rotten apple. [ laughter ] >> i think two big problems here. people who believe that the rich should pay more do not understand the effects of marginal rates. >> dollar of income you earn? >> it lower the incentives that you want people to take risks and to create. the other problem is, it does affect tax revenues. the guys with the green eye shades, if you raise the taxes we'll get this much more in revenue but if you lower the incentive of people to take risks generally that revenue doesn't come in. >> paul: so you don't get as much as you think. mary, the economy seems to be -- the stock market loved this. they blew out the next day and based on the prospect something would get done. how long go market is recovering. the economy and job market still not great, 155,000 new jobs, but the economy does seem to be doing okay. >> i think that is probably okay. the economy will do okay. but when you have an unemployment at 7.8% and really stubbornly not budging, you want to do something that something more for the economy than just okay, muddling
CNBC
Jan 6, 2013 7:30pm EST
head into a new week "on the money." a crucial financial report out on friday. the economy created 155,000 new jobs for the month, and that was slightly below expectations, but the unxmt rate states at 7.8%, which was actually unchanged from november because november was revised upward to 7.8% as well. well, after a painful and protracted battle in government, president obama signed a compromise bill avoiding the fiscal cliff. it makes the bush era tax cuts permanent, except for individuals with incomes over $400,000. it also extends jobless benefits for the long-term unemployed, allows the payroll tax holiday to expire, which, by the way, raises social security taxes by 2% for everybody. the measure increases taxes on capital gains and dividends to 20% for those making more than $400,000. reaction from business was fierce. >> it's amazing how the politicians on both sides of the aisle were talking about how the bill to address the fiscal cliff needed to be balanced, and what came out couldn't have been more imbalanced, sort of by definition, with nothing but tax increases. >> we have
PBS
Jan 13, 2013 8:00am PST
we want to be doing that now? that's actually going to hurt the economy." >> but hasn't our economy changed so much since franklin roosevelt simply put people on the government payroll? >> it's, economics, the underlying rules change a lot more slowly than people imagine. people look and they say, "oh, you know, back then they were taking ocean liners and now we fly jet airplanes." or, "back then we didn't have a global economy." actually, we did. it's a little bit fancier now. but the basic rules are not are not much changed. it takes hundreds of years for those to change a whole lot. and this is, i can pretty easily assemble a bunch of headlines om t 1930s andhey will sound like they're right out of today's headlines. this is the same kind of animal that we confronted in the '30s. this is depression economics. and the nature of the solution is not really very different now from what it was then. >> what do you mean, depression economics? >> well, two things really. one is, a recession is when the economy's going down. a depression is when the economy is down. so, you know, the u.s
WHUT
Jan 11, 2013 7:30am EST
the economy. >>> welcome to nhk world "newsline." japanese government is following through on its promises to give the economy a shot in the arm. government leaders have agreed on a stimulus package worth $115 billion. they hope to boost growth by 2%. the government will allocate the funds to three areas. more than $40 billion will go to rebuilding after the earthquake and tsunami and to disaster prevention. workers will use the funds repairing infrastructure such as tunnels and bridges. about $35 billion will be spent on measures to ensure security and revitalized communities. and about $35 billion will be spent on driving growth. some of that will support business ventures. other funds will go into promoting joint research projects between universities and companies. stimulus package plus spending by local governments and the private sector will add up to $230 billion. >> translator: governments under the democratic party focused only on redistribution. they didn't make enough effort to increase incomes and expand the economy. i'm determined to change the basic philosophy. i'm going to b
CSPAN
Jan 13, 2013 2:45pm EST
a strong middle class and offer working folks new pathways to rise into the middle class. our economy is in the a better position than tomorrow that most other countries hit by the financial crisis. i a understand tim is ready for a break. obviously we are sad to see him go. but i cannot think of a better person to continue his work at treasury that -- than the jack lew. this is bittersweet because not only is 10 leaving the jacket and my chief of staff for the last year. was my budget director before that. i trust his judgment, value his friendship, and know very few people would give greater integrity than the man to my left. i don't want to see him go because it is working out well for me to have him in the white house, but my loss will be the nation's game. jack has the distinction of having worked and succeeded in some of the toughest jobs in washington and the private sector. as a congressional staffer in the 1980's, he helped negotiate the deal between president reagan and tip o'neill. under president clinton, he presided over three budget surpluses in a row. for all of this ta
FOX Business
Jan 6, 2013 2:00am EST
this out. a lot of things are state base silly laws. but don't impact the economy . last year was an election year, we have a small number of regulations that are hitting us. >> you bring up an interesting point. emac, the's new list of regulations that are 77,000 pages was issued on the friday beforehristmas. trying to get buried in the holidays. >> it was released between april and october. these rules are going to cost the economy 128 billion . that is it one estimate out there. even russian czar said i don't rule russia. my miniczar's do. ch has it right. burrcrats are justifying and creating new rules . and i talk to them. they have to hire their own burrcrat to dole with the government burrcrats. >> emac said you need new administrators and czars. >> maybe it would add jobs. but it is important to point out regulations are necessary. even governor romne said that . porly -- case in point. oregon is coming out with a law that makes employers not discriminate against unemployed applicants that is it important. we have seen discrimination there. that is good for the economy
FOX
Jan 6, 2013 10:00am PST
, the consequences for the entire global economy would be catastrophic and far worse than the fiscal cliff. >> john: congressman you advocated going past the debt ceiling deadline. would you advocate. >> i advocate a solution and not a deal it is no wonder that the president doesn't want to debate if i had presided over the four highest annual deficits and increase in the national debt i wouldn't want to talk about the issue either. since the debt ceiling passed 16 months ago. the day after it passed we got a downgrade from s&p . the super committee that chris voted for fell apart like we thought it would . the only scheduled cuts to take place. we suspended them in the fiscal cliff deal. we have yet to cut one dime and now it is time to do it again. stow this is, we have to stop the madness. this is the 18 year old kid on a credit card and instead of cut tupping and putting them on a budget, barak obama said give us another one and harry reid you have to - on >> john: would you support the debt ceiling. >> i don't support not dealing with the program. this whole, the way this town works and the fi
SFGTV2
Jan 7, 2013 7:00pm PST
in a global cloueconomy. it has altered local economies because so many manufacturing and technology jobs are moving, whether it is a matter of costs for going where the trained work force is. we're fortunate to have to governors here to talk about how that change affects their jobs and what they're doing to jump- start their economies which compete with one another. this could be fun. let me start with our guest. governor hickenlooper. i knew that was going to happen. most of us here are pretty much aware of california's budget crisis. can you give us a quick briefing on where colorado is and what you are trying to do to turn things around? >> our budget is just as dressed as almost every state in the country. we have been working trying to control costs, get our pension funds in line, our state employees have not had a raise in four years. it has been difficult all the way around. the real challenge has been to try and turn public sentiment and get people to recognize it without a strong economy. it will not solve any of these problems. we have been relentless in what we did, the bottom
CSPAN
Jan 13, 2013 6:00pm EST
or the largest economy in the world. we need to get to the point of dealing with the biggest deficit in the country, the jobs deficit. to me, this bill simply put a band-aid on the problem. it did do something the president wanted to do, committed to do. he delivered on the promise to try to help protect the middle- class class. my theory is that in the next three political maneuvers that we are going to see coming up in congress, that people will start attacking the middle class. i believe this was our best opportunity to really take care long-term of the issues that we need to address to a balanced approach. >> to follow-up on that, you you voted early. you are not just waiting to see if it was going to pass and then vote no. the idea that obama kind of thatsome leverage theire, you wanted to see him fail, that he has to go back to the leverage -- that he does not have the leverage -- >> after the republicans walked away from the negotiations and tried the plan b by speaker boehner, it became clear, even after they tried to amend the senate yield that they could not do so dosh and
FOX News
Jan 12, 2013 11:00am PST
or 25% of gdp. we keep repeating this number, but in a 15 trillion dollar economy, every percent of gdp is a tremendous amount of spending. but tax revenue, the last three years, has been down around 16% of gdp. that's a tremendous gap. and they want to raise taxes to close that gap. >> but part that have reduction, no, normally, it's about 18, 18 1/2, and it's popped up under bill clinton's presidency above 20%, if you have economic growth. the 16% is because the growth-- >> their policies are going to guarantee, in my opinion, 2% growth for a long period of time. they will never get tax revenue back up towards 20%. >> paul: kim, let's talk about another tax that's on the table. dick durbin, the number two democrat in the senate this week said raise the prospect of an energy tax in addition to this and this reflects part of the point that mary made, you can go after the rich under the current tax, but you can't begin to finance the government we have. so ultimately you've got to find new ways to get the revenue. is this energy tax actually going to be a live prospect in the next couple
CNN
Jan 6, 2013 10:00am PST
for the u.s. economy and the global economy? >>> also, will this be india's awakening? the nation confronts its own dark corners after a despicable deadly act. i'll look at some parallels with america's recent tragic school shooting. >>> first, here's my take. the deal to avoid the fiscal cliff is a small victory for sanity, but what it says about the future is somewhat bleak. washington will probably lurch from crisis to crisis kicking problems forward and placing band aids small solutions on those it does address. there will likely be no large-scale initiative on tax reform, entitlement reform, energy policy, probably even immigration reform and this is the real worry. because beyond the self-inflicted crisis of the cliff and the forthcoming debt ceiling, the united states faces a much deeper challenge. for more than a decade now, for many decades by some measures, america's growth rates have slowed. recoveries have been jobless. and median wages have declined. some combination of the information revolution and globalization has placed tough pressures on high-wage countries like the unite
CSPAN
Jan 13, 2013 10:00am EST
's the smallest business on main street or the largest economy in the world. so what we need to do is get to the point of dealing with the biggest deficit this country faces the jobs deficit. and to me this bill simply put a band aid on the problem. it did do something the president wanted to do, committed to do. he delivered on the promise to try to help protect the middle class but my fear is that in these next 3 -- three political maneuvers we're going to see that people will start attacking the middle class and i believe that this was our best opportunity to really take care long term the issues that we need to address to a balanced approach. >> so to follow up, you voted early, i was watching the board. you voted early. you didn't vote to see if it was going to pass and then vote no. was the idea that obama kind of lost some leverage there that you wanted to see it fail because obama now has to go back to the debt ceiling and he doesn't have the benefit of tax cuts looming? >> i knew it was going to pass. after the republicans walked away from the negotiations and then tried to plan
CSPAN
Jan 6, 2013 8:15am EST
century on. and it becomes significant, individuals throughout the state's economy and etc. political -- its political life. what we have here, again in original binding, is the first printed jewish calendar in north america. it shows, it's a lunar calendar, and it reflects on all the festival days, all the days of significance for a period of decades. and one of the really beautiful things about it is that there's also margin ail ya, there are notes in hebrew throughout this binding. what we have before us now is a photo album, a scrapbook from a rhode islander who americans know better probably even than they know roger williams, and it's a man named elijah hunt rhodes. he never did anything spectacular what he was was a man who went to the civil war and kept an amazing diary and record. and he was discovered by ken ones, and -- ken burns, and he became the model for billy yank in the ken burns civil war series. so we are fortunate enough here to have been given the elijah hunt rhodes collection from his family. and this is one of the wonderful scrapbooks that we have from ely ya hu
CNN
Jan 13, 2013 2:00pm PST
for december. what do you think this is going to tell us about where our economy is and where we are going? >> the economy had a rocky period, especially because of the last fiscal cliff. we were concerned that companies and consume verse stopped spending. what we will find out this month is whether that is true or not. most important is retail sales. retail sales and the consumer account for about 60% of all of our economy. except the consumers are spending the economy tends to do well. in the month of november, before the fiscal cliff, retail sales grew by about .3%. not a bad number what we are seeing from some of the economists that provide consensus forecasts is the number about .4%. that .4% would be a very good sign if the economy hits that number so we all should you can hopeful that it does. we are also looking at other things like housing starts. as we all new york the housing market has been down for a long period of time it is starting to rebound and it is a very, very important part of our economy. we saw housing starts in november 861,000 and the forecast shows 876,000 that w
CNN
Jan 6, 2013 12:00pm PST
already incurred. standing in the way of the economy? >> well you know, ali, you said this, the republicans view this as a good tool to try to discipline spending. i don't think they view this as a good tool. but i think they kind of view this as pain the only tool they have right now to try to get president obama to negotiate on spending cuts. as you quite correctly said, we just live heavied through the first of these cliffs, which was the fiscal cliff. we got by that one. democrats feel they had their day there and they did, they got their tax increase. republicans are still wondering when are we going to get around to reforming these big giant entitlement programs and maybe disciplining spending on the discretion aye side, i think there will be a showdown on the debt ceiling. you may not like it, but i think we may come to the brink again. this issed way washington works now. >> conservative republicans hold themselves up as financially responsible. isn't this an irresponsible thing to do? despite ideological leanings, to not pay bills that we've already run up? >> well
CNBC
Jan 11, 2013 4:00am EST
to revive a strong economy. >> a big chunk of the money will be spent on infrastructure such as railways, roads and tunnels and help rebuild assets in quake areas. abe says there will be new funds to start up more businesses and help larger companies invest overseas. let's bring in pico basser, head of research and economics at beijing. ever since we've seen effectively pressure on the bank of japan to raise its inflation target, the nikkei has had a really good run through the fourth quarter, up over 20%. continued now into nine weeks of continuous gains, which we haven't seen for some time. can this continue? >> yes, i think we can. we have the right policies in place at long last. i think the fiscal stimulus is very much the right thing to be doing. in that case, i was on bernie's show towards the end of december saying this is required and the delivery both in terms of a fiscal stimulus that is large, but also through pressure on the boj to achieve 2% inflation target. if the boj does indeed work in that direction, then i think this is really the last opportunity for japan to -- to r
FOX News
Jan 6, 2013 11:00am PST
these bills on time, the consequences for the entire global economy would be catastrophic. far worse than the impact of a fiscal cliff. >> congressman jordan back in 2011 when we had the debate you advocated going past the debt ceiling deadline saying it wouldn't be such a bad thing. would you advocate that again this year? >> i advocated a solution and not a deal. it is no wonder the president doesn't want to debate this. if i had prosided over the four annual highest deficits in american history, $5 trillion increase in the national debt i probably wouldn't want to talk about the issue either. let's look at the facts. since the debt ceiling agreement passed 16 months ago the day after it passed we got a downgrade from s&p. a week after the market dropped 1300 points. the supercommittee which chris and so many members voted for fell apart like we all thought it would and the only scheduled cuts that were supposed to take place we just suspended them five days ago in the fiscal cliff deal. we have yet to cut one dime from the last debt ceiling agreement and now here it is time to do it ag
CNBC
Jan 7, 2013 4:00am EST
the economy is relaxed. i think everything is equal. that should support the economy and the growth outlook going into 2013 and 2014. having said that, we don't see this as being the biggest issue and certainly in continental europe and perhaps particularly in the periphery where the growth outlook has been most negative over the last few months and quarters, it probably hasn't been the biggest constraint. so we don't really see it as a game changer either in credit creation or in growth or the prospects. >> it's been suggested we should ripped up basel and start again. do you have any comments on that? >> andy's conversation is one that resinates with those of us who work in the financial industry. we live in a world of great plexty and regulation. having said that, i do also think that the idea of rules can govern a complex gibson, intellectual appealing and problems. we do need to have rules that contain some of the allegations and successes that we saw over the last date. i think right now the key is to get the balance right. but at the same time, doesn't choke off credit creation. >> i
SFGTV2
Jan 9, 2013 10:30pm PST
are not putting back into our or economy. the largest beneficiary would be california. we want to see what the cutting edge is. most of a still look for california. -- loomost of us still look to california. what governor brown said about the traditional politics is all about taking the thing in making it fresh. to a certain extent, i tried to be a writer in college. i failed miserably. a professor said everything has been set but not everything has been said superbly. even if it had, everything must be said freshly again and again. you have to see a fresh lead to a certain extent. the real issue with -- in terms of asking the president, what are the things that matter most, a bass part of those profits would be invested in california. colorado would have a significant -- pretty much every state in the country would benefit. you look at the companies based in silicon valley. they have offices, you want to expand your business, think about those young people in colorado. everything -- stated say the same thing. that money would get spent over the country very rapidly. >> thank you. governor
CNBC
Jan 8, 2013 3:00pm EST
. this is the latest read on the u.s. economy. steve, what can you tell us? >> maria, thanks very much. the federal reserve reporting consumer credit for november, consumers in a borrowing mood with consumer credit rising 7%. non-revolving credit, auto, student loans, up by 9.6% with a big rise in student loans. the federal part of this thing was up pretty strongly, and non-revolving credit was up 1.1%. student loans up by $5 billion to a record $521 billion, and outstanding bank credit card was up by 6 billion as well so banks were not shy about alleged on the credit cards. meanwhile, jeff lacquer, fed president saying growth at 2 it is is what is expected for 2013 but 2014 could be stronger with reduced risk and ending some of the financial uncertainties that have -- that he says hobbled growth in 2012. he repeated his opposition to current fed policy and warned that a big fed balance sheet means that the economy is vulnerable to even small mistakes. maria? >> all right. steve, thank you very much. more -- we've got more breaking news. we'll get to phil lebeau momentarily. a market down in the do
CSPAN
Jan 13, 2013 5:30am EST
they produce of the government, we used indices and they rick every government in the world. did the economy expanded? did did the citizens improved and the nearly use the human development index which looks of both levels of in, but also education and health and other criteria. in democratization, afghanistan did not pass the test. that is definitely a failure. it was about the metal in terms of how much of it was democratized. but in to a government effectiveness, interestingly, come to distinctive do what we hear about, it right second of the 20 countries. had the second-highest improvement. as but we had the seventh highest, but improved. per capita gdp it was the second highest. it is increased by 130% since 2001. interestingly, human development index it was the highest of all 20. it is a combination of standard of living, education, health, the criteria. i think it is so important to see why afghans ought to be more optimistic about what they should be. indeed until many cases more optimistic than americans. longevity is way up. literacy is up, but the number of afghan children stay i
PBS
Jan 9, 2013 4:30pm PST
of nuveen asset management says he's "moderately positive" on the outlook for 2013. he says the u.s. economy will "muddle through," but stocks will hit new all time highs. those are two of his "ten predictions" for 23. >> so the key, susie, is we're in an environment where stocks continue to climb walls of worry, and the economy continues to muddle through, not similar to last year. last year the economy some days okay, some days not so okay, and the stock market kept climbing that wall of worry. last year stocks were up 16%, s&p 500, and we only need about half that to achieve a new all-time high. i think we'll get there. >> susie: bob, how do markets go higher when the individual investor is out of the picture, so fearful of investi intoc. do we see the return of the individual this year? >> i wish i could say we're going to see that, susie. but the individuals who own a lot of bonds first need to see bonds going down in price to be willing to sell them to buy stocks. i think we hit a new all-time high without much participation by the individual. it is the corporation itself that has the
PBS
Jan 8, 2013 7:00pm PST
to use into our economy. that is refreshing. take so much, clau klaus kleinfeld. thank you so much. c.e.o. klaus kleinfeld. >> tom: still ahead, we go beyond the scoreboard with an unlikely winner in the fiscal cliff debate: nascar racetrack owners. >> tom: today, it was concerns about earnings. last month, it was the fiscal cliff. a year ago, it was europe. the long list of concerns have scared small investors away from the stock market. as a result, many missed out on last year's 13% gain in the s&p 500. suzanne pratt looks tonight at what it might take to turn retail investors into stock shareholders again. >> reporter: where is everybody? we're not talking about the growth in electronic trading that has made the big board's floor seem so lonely. we're talking retail investors, so many of whom have exited the stock market in the last several years. t.d. ameritrade and its c.e.o. fred tomczyk keep close tabs on the psyche of american investors and have a theory. >> i think it's definitely uncertainty and all the events that have happened over the last couple of years. i think, if th
CNBC
Jan 8, 2013 4:00pm EST
bounce back a little bit better. europe may flatten out or at least be less bad and if the economy grows 2.5% or so, these companies have figured out how to make money in a slow growth environment so combined with that, 4%, 5% earnings growth, that's reasonable in the kind of environment that we're in right now. >> no great shakes in terms of earnings growth. >> no. >> but good enough is what you're saying. >> that's right. i think it's good enough. >> what's priced into the market though? i mean, we've got expectations that we'll see much higher prof materialize or what? >> you know, really i think the market, you know, the p.e. ratio, if you look at valuations as far as that metric goes, i mean, the market is not willing to take the pes very high, may inch higher, 14, 14.5 or so, by the end of next year. the market knows we're in a slow growth environment. we're not going to get strong gdp, and it's not willing to assign much of a pe to these earnings. that's going to be a continuation, but next year i think investor confidence is going to improve a little. it's really lagged in this r
FOX Business
Jan 7, 2013 9:20am EST
on the wealthy hitting the economy hard. the second number, 80.4 billion, now, that's a record amount of your money the feds spent on food stamps in the last fiscal year and the final number, that's zero. that's how much in spending cuts president obama and democrats are willing to give in the next round of debt talks. but wait, there's more. cash for clunkers, the grand plan to get the auto industry on track. it's not only bad for the economy, but hurt the environment as well. "varney & company" is about to begin. karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> good morning, "varney & company," viewers. today is monday, j
CSPAN
Jan 12, 2013 6:20pm EST
to take care of our troops and veterans who fought in our name. we have to grow our economy entering our deficit. we need to great new jobs and boost family incomes. we have to protect our planet from the destructive effects of climate change. we need to protect our children from the horrors of gun violence. these will be difficult goals for america, but they must be met. if we could have the fraction of the termination of the men and women in, i know that we can meet them. i tend to work hard to make sure that we can. thank you. >> hello. i'm proud to represent the state of nebraska in the u.s. senate. i have traveled thousands of miles all across nebraska meeting with leaders and citizens to learn about their views and share my position on issues. during that time, i heard a single message over and over again -- washington must cut out of control spending. i agree. the american people are right to expect more accountability from their government. i recently saw a poll that three out of four americans support spending cuts across the boards. these hard-working taxpayers are tired of pet
FOX Business
Jan 6, 2013 4:00am EST
the economy and jobs and long term future of america. gerri: congress and will not cut spending but raise taxes >> you can't. all the taxes will run the government for about eight or 10 days. its the president to stand on the necks of those surveyed money and say you have to pay more. it will not affect the budget or the life style as much as what they will do to create new jobs. but they won't because they don't know how much they will be asked to pay their fair share. tell me a percentage. fe will not do it. right now the average person will pay almost 44 percent of federal taxes and including state or local. how much is enough? gerri: here in new york city will local taxes and real estate it is almost that 60 percent. succession dollars going to3 government it is almost too much to take. talk about the do nothg congress. the debt ceiling and this week people are getting paychecks for the first time. >> people will be surprised the president said if you make less than $250,000 you will not pay one dime. they are paying a lot of times. making $50,000 will be on the hook of additional $1,
Search Results 0 to 49 of about 1,000 (some duplicates have been removed)